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Credit Suisse buys London building for £118M from Skanska

Credit Suisse Asset Management Global Real Estate acquired the Monument Building in London for £118 million from Skanska AB, Property Week reported.

Swedish construction and development group Skanska had placed the 10-story, 94,000-square-foot asset on the market in May 2017 seeking £130 million.

The building houses tenants from the real estate, online travel and financial services sectors, Property Week noted in its Feb. 28 report.